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More than other airlines, Southwest compensates its workers in ways other than base pay. It contributes 15% of its pre-tax income to a profit-sharing plan. Immediately after Sept. 11, 2001, Southwest management assured its workers and unions that no one would be laid...
Still, some workers at Southwest are demanding a raise. The flight attendants' base pay of $23 an hour for a six-year veteran trails the pay at other carriers by as much as $15. They have just started negotiations on a new contract, which union president McDaniel vows will include "industry leading" wages. Entry-level mechanics at Southwest had long been paid slightly less than the industry average--a factor that moved the mechanics union to force the company before a federal mediator. On Oct. 11, the mechanics accepted the company's second contract offer. But one mechanic warned...
This year the lefty Bonds didn't go deep as often--"only" 46 times--but he topped the majors in hitting, at .370, and his on-base percentage of .582 broke the league record set by Ted Williams in 1941. Bonds walked 198 times, breaking his own mark from the year before. He sees a good pitch about as often as he sees his dentist, which makes his performance even more remarkable. He's a great fielder too, with eight Gold Gloves to go along with a record four (and soon to be five) Most Valuable Player awards. By some...
...free pass. In the National League Championship Series, St. Louis Cardinals manager Tony La Russa, one of baseball's acknowledged brains, nearly burned out his laptop trying to neutralize Bonds. In the eighth inning of the series' fourth game, he put Bonds on first with no one on base and the score tied 2-2. The next batter, catcher Benito Santiago, hit a home run that won the game. Bonds' presence destroyed the Cardinals in that contest...
...African and South Asian markets, its timing is lousy. It missed the dotcom boom and must compete against more established hubs in Singapore and Malaysia. But opportunities remain. Because both London and Paris ruled the island, many Mauritians speak English and French, making the island an attractive bilingual base for American companies doing business in Africa and Asia. IBM, Oracle and Microsoft have opened regional offices there, and last month work began on a $50 million "cyber city" to attract new software and IT companies. The government promises low taxes, duty-free imports of IT equipment and automatic residency...